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Japanese insurance giant to buy 15% stake in M&G

Asset manager and Dai-ichi Life HD agree multi-billion dollar partnership
Dai-ichi Life HD has offices at London's 6 Gracechurch Street. (CoStar)
Dai-ichi Life HD has offices at London's 6 Gracechurch Street. (CoStar)

M&G, the major international asset manager and asset owner, has agreed a long-term strategic partnership with Japanese insurance giant Dai-ichi Life HD to become its preferred asset manager in Europe.

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